Securing an excellent mortgage offer with Revolution Finance Brokers couldn't be easier
1Get in Touch
Complete a quick form to give us an overview of your mortgage or financing requirements, and we'll provide recommendations about the best opportunities for you.
2Submit Your Application
Once you've chosen your preferred mortgage deal, we'll steer you through the paperwork with comprehensive application management from start to finish.
3Mortgage Completion
Revolution Finance Brokers will finalise the details and enable you to move forward without delay!
Guide To Using Short-Term Bridging Loans For Commercial Property Development
15 Nov 2024
Finding quick funding for commercial property development can be tough. Loans start from £26,000 for this purpose. This blog explains how short-term bridging loans offer a solution.
Keep reading to learn more.
Key Takeaways
Commercial bridging loans provide fast, short-term funding starting from £26,000 to 70% of a property'..
Current Mortgage Rates UK: What Defines A Good Interest Rate?
13 Nov 2024
Finding the best mortgage rates in the UK can take time and effort. The Base Rate set by the Bank of England affects these rates. Our article helps you understand what makes a reasonable interest rate. Keep reading to learn more.
Key Takeaways
The Bank of England sets the Base Rate, influencing mortgage rates in the UK. As of Nov..
The Role Of Bridging Finance In Auction Property Purchases
12 Nov 2024
Buying a house at auction can feel overwhelming. Bridging finance auction purchases offer a fast solution to this challenge. This blog will guide you through using bridging loans for smoother transactions.
Keep reading to learn how.
Key Takeaways
Bridging finance is a swift funding solution for auction property acquisition..
Many people dream of renting out their house to buy another. This move can be smart, but it needs careful planning. Our guide will show you how to rent your house and buy another effectively.
Keep reading to make this dream a reality.
Key Takeaways
Understand the market to set the right rent. Look into property value trends an..
Business Loans For UK Companies: How Do They Work?
10 Nov 2024
Finding the right support to grow your UK company can be tough. One fact stands out: business loans offer a lifeline to many firms. This post will explain how business loans work, highlighting their benefits and pitfalls.
Keep reading for insights on securing that much-needed cash injection.
Key Takeaways
Business loans provid..
Finding the right financial deal for commercial properties is getting tough. A report by Deloitte Center for Financial Services spots trends in this area. This article will cover how "Commercial Property Financing Trends" can guide you through 2025.
Key Takeaways
Substitute lenders are making strides in commercial real estate, of..
More and more people are getting buy-to-let mortgages with bad credit. It's possible, but it comes with challenges. Our guide will show you how to navigate these waters and secure a deal. Keep reading to learn more.
Key Takeaways
Individuals can obtain a buy-to-let mortgage even with poor credit. This is also applicable to those ..
High interest rates and rising inflation mark the current mortgage landscape. These rates impact borrowers in various ways, especially those with variable or tracker mortgages or those seeking new fixed-rate deals, as they see higher monthly payments.
Meanwhile, first-time buyers face greater hurdles as securing affordable mortgages ..
Buy To Let Interest Rates Rising: What's The Outcome?
30 Oct 2024
Buy to let landlords are seeing interest rates for buy to let mortgages rise. The average buy to let interest rate has increased steadily this year. This blog explores how these higher interest rates could affect your investments and offers strategies to manage the changes.
Discover what rising rates mean for your buy to let portfolio...
Should You Buy Property In Cash Outright Or With Mortgage
28 Oct 2024
Deciding whether to buy property in cash or with a mortgage puzzles many. One key fact is that buying a house without a mortgage means using your savings. This article will guide you on which choice might work better for you.
Buying Property Outright with Cash
Purchasing property entirely with cash presents a direct route to ownersh..
Mortgage For Everyone: How We Help The Community With Tailored Offers
24 Oct 2024
In London's dynamic and competitive property market, finding the right financial solutions can be as crucial as selecting the perfect property.
As one of the most distinguished mortgage brokers based in London, we pride ourselves on offering bespoke financial solutions that cater specifically to the unique needs of Londoners.
Fr..
Buy-to-let Ownership: Limited Company Or Personal?
21 Oct 2024
Deciding between buy-to-let through limited company or personal can be tricky. One fact to know is that each option affects taxes differently. This article will show the pros and cons, helping you make a smart choice.
Overview of Buy-to-Let Ownership Structures
Choosing the right buy-to-let ownership structure requires understanding..
Green Buy-to-Let Mortgages: Incentives For Energy-Efficient Properties
18 Oct 2024
Many landlords need help with the costs of property maintenance. A notable fact is that green buy-to-let mortgages offer lower rates for homes with a high energy efficiency rating. Homes with an energy efficiency rating of 81 or above, or in energy efficiency bands A or B, can qualify for these lower mortgage rates. Additionally, green mo..
UK House Prices Rise For First Time In In Two Years, Say Surveyors
14 Oct 2024
Finding out that UK house prices are on the move again can be big news for many. Recent reports reveal that UK house prices have risen for the first time in two years, according to surveyors.
This blog will delve into what this means for you and the market. Keep reading to uncover more.
Key Takeaways
UK house prices have incre..
2024 Renters Rights Bill: What Does It Mean For Landlords?
12 Oct 2024
The 2024 Renters Rights Bill aims to improve protections for tenants, and landlords will face big changes. But what does this mean for landlords, and how will it affect them?
Keep reading to find out more.
Key Takeaways
Landlords can't use Section 21 for 'no fault evictions' under the 2024 Renters Rights Bill.
Due to the exp..
Many homeowners wonder whether overpaying their mortgage is a smart move. The question often arises, especially when considering the potential to significantly cut the interest you pay on a capital repayment mortgage.
This article will explore how overpaying could benefit or hinder your financial situation, focusing on clear examples a..
Do you need help understanding if a capital repayment mortgage is your right choice? These mortgages gradually reduce your debt through mandatory capital repayments while being easier to manage than interest-only options.
This article will explain everything you need to know, from benefits to comparisons with other types. Keep reading ..
How To Leverage Your Assets to Maximise Your Investments
04 Oct 2024
At Revolution Brokers, we understand that leveraging real estate is a key strategy for accelerating your growth as a property investor. Whether you're interested in real estate investing with no money upfront or looking to maximise your home equity, leveraging your assets can help you expand your portfolio and increase your returns. Howev..
Unlocking Hidden Value In A Property: Actionable Insights for UK Investors
03 Oct 2024
When investing in commercial property, the key to success often lies in spotting hidden potential where others see limitations.
At Revolution Brokers, we believe that the best property deals are those where you can unlock value others might miss.
In this blog post, we’ll share insights from a recent case study. The study shows..
Why Investing In Property Long-Term Has Never Failed
30 Sep 2024
Have you ever wondered if there's a surefire way to grow your money? Investing in property long-term has been a go-to strategy for many savvy investors. In the UK, property values have doubled every 8-10 years on average since the 1950s.
This blog will show why investing in bricks and mortar is smart. Are you ready to unlock the secret..
Long-Term Property Investment Ideas For Maximising Gains
20 Sep 2024
Experts recommend viewing property investment as a long-term commitment. Investing with an 8—to 10-year horizon—or even longer—tends to yield substantial gains. Historically, property has proven to be one of the most reliable forms of long-term investment, offering steady growth and significant returns when approached strategically...
The Rent Crisis: How External Variables Are Shaping Housing Costs Post-Brexit
15 Sep 2024
Housing costs in the UK have been on a rollercoaster ride since Brexit. This blog will break down why your rent is climbing and what you can expect in the future.
How Does The Housing Market Look Like Post-Brexit
House prices in the UK have significantly changed since Brexit. Rent costs are also shifting, influencing many households..
UK Inflation Vs. Rent Price Trends: Future Outlook Of The Housing Market
10 Sep 2024
Since the pandemic, rent trends in the UK have reached record highs outside London. In this article, we’ll break down what’s happening, how you can navigate these changes, and how they impact rent trends and high inflation.
Current State of Rent and Inflation in the UK
Rent prices in the UK have surged since COVID-19. Rising inf..
Top 5 Mistakes To Avoid When Applying For A Commercial Mortgage
06 Sep 2024
Applying for a commercial mortgage can be tricky and stressful. Many business owners struggle with the process due to unfamiliarity with finance terms. This article will guide you through common mistakes and how to avoid them.
Not Understanding the Different Types of Commercial Mortgages
Many people don’t realise there are various..
The Strategic Advantage Of Overpaying Your Mortgage
04 Sep 2024
Paying off a mortgage can feel like a never-ending burden. Overpaying your mortgage, though, can save you thousands of dollars in interest payments over the loan term. This article will show you how making extra payments can help you pay off your home faster and save money.
Benefits of Overpaying Your Mortgage
Overpaying your mortga..
The Benefits Of Second Charge Mortgages For Homeowners And Landlords
03 Sep 2024
Are you struggling to find extra funds for home improvements or debt consolidation? Second-charge mortgages might be the solution you need. These loans let homeowners borrow against their home's equity without changing their primary mortgage.
Understanding Second Charge Mortgages
Second-charge mortgages are loans taken out on a prop..
How Does Releasing Equity Affect Your Remortgage Rates?
02 Sep 2024
Are you wondering how releasing equity affects your remortgage rates? Releasing equity involves borrowing against the value of your home, which can change your mortgage terms. This article will explain how it impacts remortgage rates and what to expect.
Keep reading to learn more about this important topic!
Understanding Equity Rele..
Are Offset Mortgages Still A Good Financial Strategy?
01 Sep 2024
Are you struggling to find the best mortgage option that saves money? Offset Mortgages might be the answer. They link your current and savings accounts to your home loan, reducing interest payments.
This blog will explain how offset mortgages work and help you decide if they're a smart financial strategy today.
Understanding Offset ..
Are you worried about how to finance home improvements? Many homeowners face this challenge when they want to upgrade their properties. Understanding your options can open the door to smart solutions.
Exploring Financing Options for Home Improvements
There are various ways to finance your home improvements. Let's explore different o..
Struggling to figure out how to qualify for a buy-to-let mortgage? One crucial fact: most lenders expect a minimum deposit of 20-40% of the property’s value. This blog will provide essential Tips For Buy To Let Mortgage Qualification, helping you understand what steps to take next.
Understanding Buy-to-Let Mortgages
A buy-to-let m..
The Role Of Exit Strategies In Commercial Mortgages
14 Aug 2024
Are you struggling with a Commercial Mortgage Exit Strategy? A solid exit plan is crucial for good financial planning. This article will guide you through common strategies like selling, refinancing, and renting out commercial properties.
Importance of Exit Strategies in Commercial Mortgages
A well-planned exit strategy is crucial f..
The Benefits Of Low-Cost Bridging Loans For Property Investment
11 Aug 2024
Struggling to get fast funding for your property investment? Bridging loans can provide immediate cash flow, perfect for quick transactions. This article will show you the benefits of cheap bridging loans and how they can help with your property ventures.
Understanding Bridging Loans
Bridging loans offer quick financing options for ..
How Can You Get One Of The Lowest Mortgage Interest Rate Deals?
07 Aug 2024
Finding the lowest mortgage rate deals can seem tricky. Mortgage rates vary, and getting a low one could save you a lot of money. This blog will guide you through understanding mortgage interest rates and how to score the best deal.
Exploring Mortgage Interest Rates
Mortgage interest rates can vary a lot. Knowing the difference help..
Struggling with debt can be stressful, especially when juggling multiple bills. Did you know you might use your mortgage to pay off debts? This post will walk you through how this works and its pros and cons.
Keep reading to find out more!
Using Your Mortgage to Pay Off Debts
You can use mortgage to pay off debt like credit cards..
The Role Of Real Estate Agents In Navigating The Mortgage Landscape
01 Aug 2024
Finding the ideal real estate mortgage might seem like a challenging task. With £29 billion allocated to the UK property sector, there's much to consider. This article will illustrate the significant role of estate agents in finding mortgages that align with your requirements.
Read through for more details.
Understanding Real Estat..
Looking for ways to save on taxes can be tough. One fact stands out: tax benefits of commercial mortgages can really help. This article will show you how these mortgages offer savings and support your business growth.
Exploring Tax Credits and Benefits
Exploring the facets of tax credits and benefits can lead to financial savings. Y..
Impact Of Rising Interest Rates On Mortgage Holders
28 Jul 2024
Seeing your mortgage payments climb can truly worry many homeowners across the UK. With the Bank of England's base rate affecting loans like mortgages, it’s a situation facing plenty right now.
This article aims to guide you through managing the challenge of rising interest rates on mortgages, offering clear advice and practical step..
Buy To Let Mortgage For First-time Landlords With Low Deposit
26 Jul 2024
Finding the right mortgage can seem like a maze for first-time landlords, especially when you have a small down payment. A low deposit buy-to-let mortgage requires just 15% upfront, making property investment more accessible.
This article will guide you through getting one of these mortgages, from understanding eligibility criteria to ..
Impact Of Personal Credit History On Business Loans
24 Jul 2024
Are you struggling to get a loan for your small business? You're not alone. Personal credit history plays a big role in whether you can borrow money. This post will show how your personal finance record affects getting a business loan and what to do about it.
Understanding Personal Credit History
Learning about your personal financi..
Are you in a pinch needing to buy a new place but waiting on the sale of your current home? A bridging loan can be the solution. This post guides you through how to get a bridging loan UK, covering everything from application steps to picking the right option for your needs.
What Are Bridging Loans?
Bridging loans are short-term fin..
Are you wondering why your neighbor is smiling about their new mortgage deal? Remortgaging a house means finding a new mortgage to replace the old one. This article will guide you through saving money and potentially freeing up cash by remortgaging.
What Is Remortgaging?
Remortgaging involves switching your current mortgage to a new..
Expanding your business in 2024 can feel like a big mountain to climb. Funding is key, but with venture capital funding down this year, finding money might seem hard. Our post will guide you through different ways to get the funds without giving up part of your company.
Understanding Business Expansion
Business expansion means makin..
Beyond The Score: Accessing Mortgage Options With Bad-Credit
16 Jul 2024
Struggling to get a mortgage because of bad credit feels tough. Mortgages for bad-credit holders do exist but come with strings attached, like higher interest fees and bigger deposits needed.
This article will guide you through improving your odds for a loan and exploring alternative ways to secure home financing. Keep reading for smar..
The Pros And Cons Of Paying Off Your Mortgage Early
12 Jul 2024
Deciding whether to pay off your mortgage early is a big choice. A key fact to know is paying it off can save you on interest costs. This article will go over the advantages of paying off mortgage early but also what could be some of the negative sides.
Keep reading to make an informed decision.
Advantages of Paying Off Your Mortgag..
Rental yield tells you how much money a property makes, compared to its cost. Keep reading to learn more about this key number in owning property.
Definition
Rental yield is a way to measure how much cash or profit your rental property makes. It's like a math problem that tells you if your investment is doing well. You calculate it ..
What Are The Disadvantages Of Being Tenants In Common?
10 Jul 2024
Joint tenancy and tenants in common both deal with sharing a house or land, but they have key differences like how you share ownership and what happens if one owner passes away. Curious to learn more? Keep reading!
Definition of each
In joint tenancy, all owners have equal rights to the entire property. This means each person can us..
Deciding how much you can borrow is a big step for your business. SME loans range from $10,000 to $500,000. Our article guides you through how to figure out the loan size that fits your needs.
Understanding Business Loans
Business loans can help a business owner get the money they need to grow. They come in different forms, like sec..
Facing bankruptcy brings a big worry: what happens to my home? Bankruptcy can lead to your house being sold to pay off debts, often within three years. Our article breaks down the steps and options you have to protect your place during this tough time and learn more about the correlation between bankruptcy and mortgage.
Understanding B..
Buying a home can feel like a giant step, especially in finding the right mortgage. In the UK, you can get small mortgage loans starting from as low as £10,000. Our article will guide you through securing the smallest mortgage possible that suits your financial situation.
Exploring Minimum Mortgage Amounts in the UK
Finding out the..
Getting a mortgage rejection from NatWest can feel like a major setback. If you've faced this issue, you're not alone. This article guides you through understanding why your NatWest mortgage might have been declined and what steps you can take to improve your chances next time.
Ready? Let's get started on turning that rejection into ap..
Exploring homeowner loans helps you grasp how they work and what sets them apart from other types of borrowing. Keep reading to learn who are homeowner loans suitable for and find out more about making savvy financial choices with homeowner loans.
Defining Homeowner Loans
Homeowner loans, often referred to as home equity loans or se..
Getting a mortgage with a payday loan can seem challenging. Many lenders hesitate to offer mortgages to those with payday loans in their financial history. Our guide will explore ways to navigate this situation and improve your chances of approval.
Discover how to turn your dream into reality.
Strategies for Obtaining a Mortgage Wit..
Deciding between a secured loan or remortgage can be confusing. A crucial fact is that secured loans allow you to borrow against an asset, like your home. Our blog breaks down both options to help you decide which path suits your needs best.
Keep reading for clarity on secured loans vs remortgaging.
Understanding Secured Loans
Se..
Can You Remortgage A Property After 6 Months Of Purchase?
12 Jun 2024
Yes, you can remortgage a property after 6 months of purchase. This process involves moving your mortgage to a new lender while still owning the same property. Many homebuyers consider this option for various reasons, including seeking better mortgage rates or terms.
Despite being possible, remortgaging so soon after purchasing a house..
Is A Semi-Commercial Property A Suitable Security?
11 Jun 2024
A semi-commercial property, serving both commercial and residential purposes, stands as a robust choice for securing loans. Often referred to as mixed-use properties, these buildings offer the unique advantage of combining living spaces with business areas.
What Is Semi-Commercial Property As A Security?
Lenders find this type of pr..
Will A Lender Consider an Application With Adverse Credit?
10 Jun 2024
Adverse credit is a term used to describe a variety of financial missteps that negatively impact an individual's credit score. This includes missed payments, defaults, County Court Judgments (CCJs), and entering into Individual Voluntary Arrangements (IVAs).
What Is Adverse Credit?
Such negative marks on a person’s credit history ..
How Big Of A Deposit Do I Need For A Mortgage As A First-time Buyer?
08 Jun 2024
Buying a house is a significant step, especially for first-time buyers in the UK. Most will need to save for a deposit, which can be challenging. First-time home buyers typically require at least 10% of the property's purchase price as a deposit.
This article aims to guide you through how much you need to save and offers tips on making..
Buying a home is a big goal, but it can feel out of reach. The Help to Buy scheme is here to offer assistance. This article will guide you through how the government's Help to Buy scheme works, making your dream home possible.
Keep reading; we're here to help.
What is the Help to Buy Scheme?
The Help to Buy Scheme is a government..
What Do Higher Mortgage Rates Mean For The Housing Market In 2024?
01 Jun 2024
Are you feeling the pinch with climbing mortgage rates? The Bank Rate has stuck at 5.25% since August 2023, impacting everyone looking to buy a home. This post will explore what higher mortgage rates mean for the housing market mortgage rates in 2024, from affordability shifts to changing UK house prices.
Get ready for insights that co..
Should I Get An Interest-Only Or A Repayment Mortgage?
29 May 2024
Choosing between an interest-only and a repayment mortgage can be confusing. One key fact to know is that the difference between interest-only and repayment mortgage significantly influences your monthly payments.
This article breaks down what's the difference between interest-only and repayment mortgages, helping you understand which ..
The Last Step: What To Know Before Your Mortgage Offer Approval
25 May 2024
Buying a house is exciting, but securing your mortgage offer approval can be tricky. Mortgage lenders perform final checks before saying "yes" to your loan. This blog will guide you through what lenders look for and how to pass those last checks.
Ready to learn more? Keep reading!
What Mortgage Lenders Look for in Final Credit Check..
Among the many mortgage options available, 100% buy-to-let mortgages stand out as a great idea, offering the potential for maximum leverage with minimal upfront capital. But how can you navigate the complexities of securing a 100% buy-to-let mortgage with its many advantages?
Our guide will help you learn every aspect of this type of m..
The Borrowing Guide: How Much Can You Get Approved For A Mortgage?
22 May 2024
Finding out how much you can borrow for a mortgage often feels confusing. One key fact is that lenders look at your financial health to decide on the amount. This article offers a step-by-step guide to understanding what mortgage loans you're eligible for and how to calculate them yourself.
Discover how easy it can be!
Understanding..
Nationwide Rejected My Mortgage Application - What's Next?
21 May 2024
Getting your mortgage application rejected by Nationwide can feel like a big setback. One key fact is that a Decision in Principle (DIP) is required before applying for a mortgage.
This blog will guide you through what to do next, offering alternative solutions and ways to improve your chances for future approval. Keep reading to find ..
How To Calculate Non-Residential Stamp Duty Mortgage?
20 May 2024
Calculating non-residential stamp duty can be confusing. Stamp Duty Land Tax (SDLT) kicks in for properties over $150,000. Our article breaks down the calculation process, making it easier for you.
Keep reading to simplify your mortgage journey.
What is Non-Residential Stamp Duty?
Non-Residential Stamp Duty is a tax people pay wh..
Paying less on your mortgage sounds good, right? An offset mortgage could be a key to this. This blog will guide you through how offset mortgages work, showing ways they might save you money on interest.
Keep reading for savvy insights.
What is an Offset Mortgage?
An offset mortgage links your savings account balance directly to ..
Are you stuck between a rock and a hard place trying to secure funding fast? Bridging loan brokers are the unsung heroes in this scenario. This article will guide you through the benefits of having one by your side, ensuring you make informed decisions.
Read on for insights that could change your game!
Key Takeaways
Bridging l..
Exploring The Pros And Cons Of Concessionary Mortgages
30 Apr 2024
Buying a home can feel out of reach for many. Concessionary mortgages offer a unique solution, making homeownership more accessible. Today's post explores the good and bad sides of these special mortgage deals.
If you are considering getting a concessionary mortgage, start with understanding how they work.
Get Started
Key Takeawa..
The Impact of Mortgage Rates Rising on Homeowners and the Housing Market
29 Apr 2024
Are you feeling the pinch as mortgage rates climb? Recently, those rates hit a 15-year peak at 5.25%. This post will guide you through managing these hikes and their effects on both homeowners and the property market.
Stay with us to find smart moves in this shifting landscape.
Key Takeaways
Mortgage rates reaching a 15-year h..
Wondering if mortgage rates will drop next year? Recent trends suggest that the average mortgage interest rate is on a slight decline. Our blog offers insights into what's predicted for 2024, giving you strategies to secure the best possible rate.
Keep reading to find out more!
Key Takeaways
Mortgage rates in 2024 are expected..
Understanding Mortgage Income Multiples In The UK: How Many Times Your Salary Can You Borrow?
18 Apr 2024
Are you wondering how much you can borrow for a mortgage based on your salary in the UK? It's known that lenders offer mortgages up to 6 times your annual income, which is crucial for buying in expensive areas.
This blog will guide you through understanding higher income multiple mortgages and how they determine what you can borrow. Ke..
Latest Flexible Mortgage News: Lenders Offering More Options For Borrowers
12 Apr 2024
Many people in the UK are dealing with mortgage worries. Chancellor Jeremy Hunt has promised more help from banks, and the latest flexible mortgage news shows that lenders are also being more flexible.
Lenders Offering More Flexibility to Mortgage Borrowers
Mortgage lenders are making it easier for homeowners to tweak their payment ..
Are you struggling with high monthly mortgage payments? Interest-only mortgages offer a solution by providing lower initial payments. This article will explore how choosing an interest-only mortgage could benefit your finances, focusing on the advantages while also addressing potential drawbacks.
Keep reading to find out if this option..
What Are The Monthly Repayments On 200k Mortgage In The UK?
03 Apr 2024
Figuring out the monthly payments on a 200k mortgage in the UK can be confusing. One fact to know is that these payments vary widely. Our article breaks down everything you need to understand about the salary needed for 200k mortgage UK-wise, from repayments to income requirements.
Stay tuned for clarity!
UK Mortgage: Monthly Repaym..
Finding the right loan for your property investment can feel like a maze. One essential piece is understanding what a residential property investment loan is. This blog post will guide you through getting one, from application to approval.
Keep reading to unlock the potential of your next investment.
What is a Residential Property I..
Wondering what mortgage on 50k salary UK-wise you can get? Here's an interesting fact: the mortgage advisor typically offer between 3 to 4.5 times your annual income. This article will guide you through understanding how much mortgage you could be eligible for on that salary.
Keep reading to find out more!
How to Determine What Mort..
Have you noticed your mortgage payments shifting? Interest rates are on the move, affecting how much we pay on our mortgages. This article will guide you through understanding these changes and estimating how they might impact your payments.
Keep reading to find out more!
Understanding Interest Rates and Mortgages
Interest rates ..
Using a Second Charge Mortgage on Buy-to-Let Investments
29 Feb 2024
Using a Second Charge Mortgage on Buy-to-Let Investments
It is certainly possible to apply for a second charge mortgage on buy-to-let investment properties, although it is important to calculate the costs carefully and ensure any second charge mortgage providers you choose are likely to be able to approve your application.
Some appl..
Is it Possible to Get a Second Charge Commercial Mortgage?
27 Feb 2024
Is it Possible to Get a Second Charge Commercial Mortgage?
A second charge loan agreement works as an additional mortgage product secured against a property. Can you get a second charge commercial mortgage in the UK? In short, yes, there are varied products and options to apply for this type of mortgage.
However, as with most secure..
Struggling with a bad credit rating is more common than you might think. Research shows that one in five people have errors on their credit reports that could affect their scores. This article will guide you through the causes of a poor credit score and how to fix it.
Let's dive in!
Key Takeaways
Missing payments on loans, cre..
How Can I Buy a House if I Have Been Told I Cannot Afford a Mortgage?
25 Feb 2024
Can I Still Buy a House Despite Being Unable To Afford a mortgage?
Being turned down for a mortgage can feel disheartening at best - but an experienced broker will tell you that it might be as simple as having applied to the wrong lender.
Revolution Brokers works with a wide variety of clients - from those who need to seek an altern..
How Do I Calculate the Maximum Mortgage Against My Salary?
23 Feb 2024
Calculating How Much Can You Borrow
If you've tried out a few different mortgage calculators, you'll know that they all give different responses - and for a good reason! The benchmark maximum you can borrow is usually based on your salary and a fixed multiple.
For example, most UK lenders will offer up to four, or 4.5 times, your an..
Mortgages at Fives Times Annual Income
UK lenders typically offer mortgages at four or 4.5 times your income - so what happens if you need to borrow five times your salary to get the mortgage you need?
Let's look at mortgages at five times income, how to qualify, and what sort of criteria will impact your application.
If you need..
How Do Mortgage Lenders calculate debt to Income Ratios
19 Feb 2024
Debt To Income Ratio: Determining Your Right To Secure A Mortgage
Most people have some borrowing. When applying for a mortgage, you need to understand debt to income ratios to determine whether it's likely to impact your ability to secure a mortgage.
Every lender will need to know if you have other pre-existing debts, and how much ..
What Is a Mortgage Affordability check?
Mortgage affordability is a process that lenders use to work out what they can offer to lend, based on whether they think you will be able to keep up with the payments.
In this guide, the Revolution Brokers team has collated the answers to the most frequently asked questions about mortgage aff..
What are the Income Requirements for a £350,000 Mortgage?
15 Feb 2024
Income & Monthly Repayments For A £350k Mortgage
One of the first questions when looking to buy a new property, or remortgage, is to work out what you can afford - and how much you're likely to be able to borrow.
In many cases, clients have been rejected for a mortgage by their bank. That could be for any number of reasons such as ..
Advantages and Pitfalls of Equity Release Mortgages
13 Feb 2024
Advantages and Pitfalls of Equity Release Mortgages
Equity release can be a great way to raise finance against the value of your property, with low-interest rates and generally high borrowing limits - but it's not for everyone.
Much depends on your circumstances, how much you need to borrow, the equity you have in your home, and you..
Applying for a Mortgage Together - The Difference Between Joint Tenants and Tenants in Common
09 Feb 2024
Mortgage Application: Joint Tenants vs. Tenants in Common
When buying a property with somebody else, it's essential to understand your rights, obligations, and what happens if you part ways.
Here we'll explain the different types of joint mortgage and what they mean for your property ownership.
If you require independent advice a..
How To Get A Joint Mortgage?
Applying for a joint mortgage with a partner, friend or family member is common. That means you share the responsibility for the debt and pool your resources to keep up with the repayments.
Joint mortgages are available between two and usually up to four applicants.
Everybody named on the mortgage adv..
What Happens If I Have a Joint Mortgage and My Partner Passes Away?
05 Feb 2024
Understanding The Drawbacks of a Joint Mortgage: Losing Your Partner
Many couples and partners purchase their property together through a joint mortgage. While we never like to think about a person we are close to passing away, it is essential to consider the terms of the mortgage and what will happen should that occur.
In this guid..
What To Do When a Mortgage Survey Undervalues Your Property
02 Feb 2024
What To Do When a Mortgage Survey Undervalues Your Property
If you're applying for a mortgage, and the valuation survey has come back under the anticipated value, it can throw a spanner into the works.
In this guide, the Revolution Brokers team runs through the options for what to do if you have had an undervalued survey.
For mor..
What Is a Current Account Mortgage?
Current account mortgages are an exciting option for leveraging your income and savings against your mortgage cost - and are often much less well known about than traditional mortgage products.
Here we'll explain what a current account mortgage is, what it offers, and whom it might be an attractiv..
Finding the Lowest Help to Buy Mortgage Rates
Help to Buy mortgage rates vary between lenders, and the Revolution Broker team often helps applicants who have been rejected elsewhere due to issues such as a low credit score.
Here we'll run through how you can find the best Help to Buy rates - in a more accurate way than an online cal..
How Much Can I Borrow on the Help to Buy Mortgage Scheme?
09 Jan 2024
Borrowing With a Help To Buy Mortgage Scheme
The Help to Buy scheme offers an equity loan from the government to help people buy a property with a reasonable deposit.
Having this capital as a down payment, added to the minimum 5% cash deposit, means that applicants can achieve much more affordable interest rates, and have a better c..
Repayment vs Interest-Only Mortgages: The Pros and Cons
Choosing the right type of mortgage can be complicated - and interest-only is one option. This means that you borrow the money to finance your property purchase, pay only the interest over the term, and need to have a way to repay the original value at the end of the period.
Ca..
What To Do If Your Interest-Only Mortgage Term is Ending?
03 Jan 2024
What To Do If Your Interest-Only Mortgage Term is Ending?
The big difference between a repayment and interest-only mortgage is that, when you reach the end of the term, the original loan amount's full value is due for repayment.
Before taking out interest-only lending, it is essential to consider how you will repay this - and having..
How to Find Fast Bridging Finance
Bridging finance is one of the fastest and most flexible forms of loan - but if you are on a tight deadline, is it quick enough?
The Revolution Brokers team regularly receives enquiries for bridging loans in a very short timescale, so here we've summarised all the essential information about how to ..
Tips to Financing an Auction Property Purchase
Buying a property at auction can be a fantastic way to find a real bargain - but when it comes to taking out a mortgage, the process isn't quite so simple!
The biggest challenge for auction property purchases is the timing.
Mortgages take time to apply for, with all the eligibility a..
Using Bridging Finance for Development Projects
Property developments are one of the most common reasons to look for bridging finance. Some popular projects include:
Using a bridge to carry out building work where there is planning permission, but not the financing to fund the build.
Financing the end of a development to help t..
Tips for First-Time Buyers in London
Every first-time buyer London will know that property prices in the capital are higher than anywhere else and often reach around double that of other major cities. Today, the average cost is £718,000 and the median £525,000, with a growth of about 8% in the last year.
These figures indicate why..
How Can I Finance the Purchase of an Airbnb Mortgage?
For a long time, many conventional mortgage lenders would not consider financing the purchase of an Airbnb property. This was largely due to the legal complications surrounding such buy-to-let properties, as well as the seasonal fluctuations in income that these ventures inv..
Self-Employed Mortgages - The Revolution Guide
Are you self-employed, and imagine that it will be more challenging to get a mortgage than if you were in traditional employment?
The business finance broker team is happy to report that this isn't always the case, and there are plenty of mortgage options out there for self-employed pro..
Need Help Finding A Self-Employed Mortgage?
Have you been turned down for a mortgage based on your self-employment income? Or find it impossible to know which lenders offer the best rates?
The great news is that it shouldn't be any harder to get a mortgage as a self-employed person, and our experienced brokerage team can identify so..
Trying To Find an Affordable Self-Employed Mortgage?
18 Dec 2023
Trying To Find an Affordable Self-Employed Mortgage?
Our guide to self-employed mortgages at affordable rates runs through everything you need to know about getting a mortgage as a self-employed person and how to negotiate the best possible terms!
Remember, the cheapest self employed mortgage isn't always the best - you need to look..
Not A UK Citizen? Here Are Some Of The Best Mortgage Options For Foreign Nationals
Finding a mortgage as a foreign national can be complex, so you must get professional advice to ensure you secure the borrowing you need!
Revolution Brokers works with clients worldwide, ensuring you have the best chances of approval and expert guidan..
Will Late Payments Affect my Mortgage Application?
16 Dec 2023
Will I Have a Mortgage Declined Due to Late Payments?
Late payments can make it harder to find a mortgage but are a relatively minor credit issue and not certain to result in having a mortgage declined due to late payments. There is usually a solution, whether applying to a more flexible lender or considering a specialist bad credit mo..
Are Mortgage Credit Checks Important?
Credit checks are a part of any mortgage application process, along with affordability assessments. Usually, you might expect to see a short-term drop in your credit score after applying for a mortgage due to the hard credit searches run by your lender.
Here we'll explain how credit scoring work..
How to repay your bankruptcy?
Paying back your bankruptcy early or applying for this to be annulled is always an attractive prospect. Here we'll explain how you can use property financing to achieve the cancellation of your bankruptcy.
For more assistance with finding borrowing to refinance a bankruptcy situation, give us a call on ..
What Is An IVA - Individual Voluntary Agreement?
An active IVA (individual voluntary arrangement) can make it very difficult to be approved for any credit, including mortgages.
Here we'll assess the options for remortgaging an IVA and whether it will continue to impact your credit assessment.
If you'd like tailored advice about r..
Advice on Mortgage Agreements in Principle with Adverse Credit
12 Dec 2023
What Is An Agreeement In Principle When Getting A Mortgage?
An agreement in principle is a useful bargaining tool for negotiating the purchase price on a property you wish to buy. It is also essential for bad credit applicants to know you'll probably be approved for the mortgage you need and how much you can borrow.
It's important t..
Why Do Mortgage Applications Change Your Credit Score?
11 Dec 2023
What is the correlation between mortgage applications and credit scores?
Here at business finance broker, we often receive queries from clients who have applied for mortgages online and are then concerned about having multiple credit searches on their file.
This happens when a credit search is run against you whenever you apply for..
What To Do If One Applicant on a Joint Mortgage Has Bad Credit?
Getting a mortgage with a partner can be stressful if one of you has bad credit - and cause strain if that means you are finding it hard to be approved.
It is still possible to find a competitive mortgage with an independent broker who can negotiate terms on your beha..
Is it Possible to Find a Mortgage After Bankruptcy?
09 Dec 2023
Is it Possible to Find a Mortgage After Bankruptcy?
With the growth of the bad credit mortgage lending sector, it is far less impossible to find a mortgage following bankruptcy now than ever before. However, this is a specialist situation, and so we strongly advise consulting an independent broker to manage the process for you.
Bank..
How to Secure a Bad Credit Buy to Let Mortgage
Buy to let mortgages or remortgages are doubtless more challenging to come by if you have an adverse credit history to factor in.
However, there are specialist bad credit lenders out there, and you might be surprised at how many mortgage lenders’ criteria you fit, depending on the ant..
How to Decipher Your UK Credit Reports
Mortgage lenders talk a lot about credit scoring and credit reports - but if you haven't ever accessed yours before, it might not make a lot of sense!
Here we'll run through what credit reports include and how to assess the information contained in yours.
For more assistance with understandi..
How Can I Repair my Credit Score to Get a Mortgage?
06 Dec 2023
Is it worth repairing my score to get a mortgage?
Having credit scoring problems can mean being rejected by a mortgage lender. However, there are lots of specialist bad credit mortgage providers, and if you can ensure your credit report is in the best possible shape, there is usually a solution out there.
Here we'll explain a few st..
How to Secure Competitive First Time Buyer Mortgage Rates
Applying for a mortgage with bad credit issues can be extremely stressful. However, it doesn't mean to say you won't find a competitive mortgage!
The best option is to work with an independent broker who can advise which lenders will consider your application. As bad credit e..
Getting a Mortgage With a Credit Card Debt
Millions of people have some debt, and having a credit card isn't unusual. However, if you have lots of short-term obligations or a substantial credit card balance, it can pose a problem when applying for a mortgage.
Here we'll explain how lenders view credit card debt and what factors will..
How To Get A Mortgage With A CCJ - County Court Judgements
Having a CCJ can make it more difficult to find a mortgage - but usually not impossible! Let's examine why mortgage lenders might reject a CCJ application - and what criteria they will look for when considering whether they can lend.
Let's examine why mortgage lenders might ..
The Independent Guide to Finding the Best First-Time Buyer Mortgage
02 Dec 2023
The Independent Guide to Finding the Best First-Time Buyer Mortgage
Buying a property as a first time buyer opens up several opportunities, with a range of support schemes, Stamp Duty exemptions and different mortgage products designed to make it easier to get onto the property ladder.
However, what's not always so easy is working o..
Expert Guidance on First-Time Buyer Mortgages With a 10% Deposit
01 Dec 2023
First-Time Buyers Mortgage Advice: Getting a 10% Deposit Loan
Buying a property as a first time buyer with a 10% deposit is certainly possible - that means you'll be applying for a 90% LTV mortgage.
Choosing a 90 mortgage can be tricky because the loan to value is pretty high.
Although some lenders accept a 10% down payment (or e..
Where are the Best Areas In the UK For Buy-to-Let Investors In 2023?
16 Nov 2023
Are you pondering the possibility of embarking on a journey into the world of buy-to-let investments in the UK during this year of opportunity? If such contemplations reside within your mind, prepare yourself for an exhilarating odyssey! In the month of March 2023, Zoopla unveiled a comprehensive market report, unfurling a vivid and intri..
Over the past two decades, the UK has witnessed an astounding surge in house prices, with the average home value skyrocketing by a remarkable 207%. This phenomenal growth was primarily fueled by demand consistently outpacing supply. For context, consider that in 1999, the average house price was a modest £91,999, yet it soared to a stagg..
Understanding the UK Housing Market in 2023 - Are House Prices Set to Fall?
31 Oct 2023
In the last twenty years, the UK housing market has witnessed an extraordinary surge, with house prices skyrocketing by an astonishing 207%. This remarkable growth was primarily driven by consistently exceeding demand over supply. Commencing with an average house price of £91,999 in 1999, the market scaled its pinnacle at £295,903 in Au..
Understanding Mortgage Fees and Managing Costs Smartly
24 Oct 2023
While the interest rate attached to your mortgage is undeniably vital, it's equally essential to acknowledge the presence of supplementary fees. The good news is that these fees don't have to be excessively high. Gaining a comprehensive understanding of these expenses in advance can be a valuable aid in financial planning. Moreover, there..
Mortgage Market Update: Your Path to Lower Rates and Better Deals
16 Oct 2023
Mortgage providers all over the UK are taking steps to reduce interest rates, and we're here to walk you through the most recent updates.
A Positive Trend in Mortgage Rates
Picture this: the UK's top lenders have taken note of the improving market conditions and decided to make your dream of homeownership more attainable. On the 10t..
A Comprehensive Guide for Aspiring Holiday Let Investors in the UK
05 Oct 2023
The surge in popularity of holiday let investments in the UK has been nothing short of remarkable, especially in the wake of the global coronavirus pandemic. In the midst of the persistent challenges confronting buy-to-let landlords in today's market, it's noteworthy that the holiday let sector remains remarkably resilient. If you're cons..
The Revolution Complete Guide to the UK Mortgage Process
29 Sep 2023
How our Guide Can Navigate You Through The UK Mortgage Process
If you haven't had a mortgage before and are about to start searching for a home loan, it can feel daunting. There are lots of types of loan, different options and factors involved in the application process.
Here we'll run through how UK mortgages work and what you need..
What Sort of Homeowner Loan Am I Eligible For?
There are thousands of mortgages and home loans on the UK market to choose from. If one lender has turned you down, it can be disheartening - but you may simply have applied for the wrong product or to the wrong lender.
Here the Revolution Brokers team explains what homeowner loans are ..
What Happens If I Want to Mortgage a Property with a Japanese Knotweed Infestation?
25 Sep 2023
Is it a good idea to get a mortgage during an infestation problem?
Japanese knotweed is a plant that looks a little like bamboo and can cause tremendous damage to properties. It grows extremely fast, and there are laws about destroying plants before they intrude on neighbouring properties.
If you want to purchase a property with Jap..
What Deposit Sources are Acceptable in the UK?
One of the challenges for mortgage applicants is that they will need to demonstrate where their deposit comes from. Lenders have strict rules about acceptable deposit sources and may refuse a mortgage altogether if they cannot accept the deposit.
These rules all relate to money launderi..
The Interest Rate Freeze - What Does it Mean for the Economy and the Mortgage Market?
22 Sep 2023
In finance, the Bank of England has become a major focus, catching the attention of many about their financial situation. What's fueling all the attention? It's the Bank's choice to put a halt to interest rate increases. This surprising decision has sparked a multitude of inquiries about its potential impact on the economy and the mortgag..
Broker-Exclusive Mortgage Lenders - Is It Your Route to Better Deals?
21 Sep 2023
When it comes to securing a mortgage, the traditional route often involves searching on the high street or conducting a quick Google search to find lenders. However, there's a lesser-known avenue that offers exclusive benefits: broker-only mortgage lenders. These lenders operate exclusively through mortgage brokers and can provide deals t..
Interest-Only Mortgages - A Wise Move in the Current Climate?
14 Sep 2023
With the continuous rise in interest rates, homeowners are increasingly seeking ways to maintain manageable mortgage payments. One intriguing option to consider is switching to an interest-only mortgage. As the housing market evolves, understanding the intricacies of interest-only mortgages and their implications has become more critical ..
5 Essential Tips for Securing a Mortgage When You Are Self Employed
05 Sep 2023
Many self-employed individuals assume that securing a mortgage is a formidable task, one fraught with complications and exorbitant costs compared to those with a traditional PAYE income. While it's true that some mainstream banks and building societies may struggle to comprehend the unique needs of self-employed mortgage applicants, it's ..
How Many Mortgage Products Can I Have Simultaneously?
21 Aug 2023
Is it Possible To Have Multiple Mortgages?
It is possible to have multiple mortgages, provided you can demonstrate that you can afford to keep up with the repayments.
Many investors or homeowners take out a second mortgage to buy a rental property, holiday home, or another residence for a family member to live in.
In this guide, ..
How Does a Public Footpath Impact My Mortgage Chances?
18 Aug 2023
How Does a Public Footpath Impact My Mortgage Chances?
Buying a property with a public footpath can cause concerns, and be a factor that must be disclosed in any mortgage application.
However, while having a right of way running through your property might be a consideration, it isn't a deal-breaker.
Here we'll explain how public..
How Can a Broker Improve My Mortgage Eligibility Assessment?
16 Aug 2023
How Can a Broker Improve My Mortgage Eligibility Assessment?
Finding a mortgage with any eligibility issues can feel like an uphill struggle. The good news is that an independent broker can substantially improve your chances of approval by:
Assessing your circumstances and comparing your requirements to the lending rules from all..
Can I Mortgage a Listed Grade Two Property?
frade can include a wide range of unique constructions and exciting places to live. However, finding a mortgage can be a challenge, with timber-framed properties and thatched cottages among many of the Grade One or Two listed buildings that require specialist lending.
In this guide, the ..
Can I Mortgage a Contaminated Land Investment?
Buying land that is contaminated, or property on contaminated land, can be a significant challenge when it comes to securing a competitive mortgage.
A lot depends on the type of contamination, the anticipated cost of remedial works, and how likely it is that the lender could resell the ..
Can I Get a Mortgage While on Maternity Leave from Work?
10 Jul 2023
Does being on maternity leave affect mortgage renewal?
Sometimes, everything happens at once. If you're in the process of buying a property or moving home, and you or a partner goes onto maternity leave, the change in income can throw a spanner in the works.
While some lenders will outright reject an application without a guarantee ..
Are There Mortgages for Uninhabitable Property Purchases?
06 Jul 2023
Are There Mortgages for Uninhabitable Property Purchases?
Properties requiring renovation can be a lucrative prospect. Developing the property can add significant value, and a doer-upper is also a great way to buy a home of a size or in a location that you'd otherwise not be able to afford.
However, for mortgage lenders, any propert..
Update on Base Rates, Rising Interest and the Impact on the Mortgage Lending Market
04 Jul 2023
On 22nd June, the Bank of England (BoE) raised base rates to 5%; the highest in 15 years. This news has caused concern about the interest rates consumers pay on borrowing, including their mortgages.
High base rates aim to bring inflation under control. In May 2023, inflation was at 8.7% - an improvement on the 40-year high of 11.1% in ..
Applying for a Mortgage With a New Job
It isn't uncommon to be rejected for a mortgage if you have recently started a position, with lenders being cautious about accepting borrowers without a longer-term work history.
However, applying for a mortgage with a new job is usually possible with support from an experienced, whole-of-marke..
Who Qualifies for a 100% Mortgage? Everything You Need to Know
11 May 2023
This week saw the announcement of a new 100% mortgage – a product that we haven’t seen on the UK market since the 2008 financial crisis. While the news may seem positive for thousands of prospective buyers, particularly first-time buyers, it isn’t necessarily for everyone!
Revolution Finance Brokers has investigated the new-to-ma..
Why Is Commercial Property Investment Forecast to Retract By 24%?
29 Dec 2022
Year on year, the commercial property market in the UK has performed exceptionally well, with investment levels growing 40% from 2020 to 2021.
In 2021 business property investment values reached just less than £50 billion, including £21.2 billion invested in London alone.
Much of this surge in activity relates to the lifting of pa..
Why Commercial Rental Property Is in Such High Demand for Retail, Leisure and Hospitality Tenants
18 Dec 2022
The commercial property market is somewhat different from its residential cousin and has seen considerable increases in a post-pandemic climate that outstrip previous average demand levels.
Here at Revolution Finance Brokers, we wanted to pinpoint which specific parts of the commercial property market offer the best investment opportun..
The Rising Cost of UK Mortgages - How Much Will My Mortgage Repayments Increase?
07 Dec 2022
The ongoing crisis in living costs has resulted in soaring interest rates and an average uplift in residential mortgage payments of £71.50 in 2022 so far.
For most homeowners, the big question is how far rates will continue to climb and how much they might be expected to pay for their mortgage if the economy doesn't turn around quickl..
The London and South East UK HMO Investment Opportunity
29 Nov 2022
While London is, perhaps unsurprisingly, the location where a huge 25% of UK HMOs are based, studies reveal that the most lucrative investment opportunity may be slightly further afield in the South East.
London is home to 24% of properties categorised as HMOs. Still, the South East and the East Midlands present the largest potential f..
The Importance of Homeowner Budgets as Utility Bills Rise to 30% of Average Mortgage Costs
18 Nov 2022
The dramatic and painful spikes in electricity and gas charges won't be news to many. Still, the government's announcements about the energy price cap, introduced this month, may have painted a slightly blurry picture.
Price caps are generally a positive thing for homeowners, tenants and landlords, concerned that skyrocketing utility c..
HMOs Dominate the Rental Landscape in an Uncertain Property Market
07 Nov 2022
While inflation, interest rates and the inevitable effect on rental prices are making an economic impact, the market share of HMOs appears to have grown, signalling an increasing interest from professional landlords looking to maximise their incomes.
Our recent studies show that the current HMO market is worth £25 billion based on exi..
Research Into Commercial Investment Returns: Are Business Rental Properties a Good Bet for 2022?
26 Oct 2022
Although much of the economy is fluctuating and struggling in an inflationary environment, our latest research shows that average rental yields for commercial premises are 6% across England and 8.6% in higher-demand areas.
The pandemic doubtless had a considerable impact on the commercial property sector, with empty offices and a switc..
Buy-to-let investors, developers and property auction buyers have used bridging loans for many years. This type of loan is often used as a financing vehicle for a short-term period, available at higher interest rates when conventional financing is not available.
However, from March 2020, when the Coronavirus pandemic first hit the UK, ..
Mortgage Costs Jump 21.5% as Interest Rates Continue to Climb
08 Oct 2022
Over the last few weeks, one of the most common enquiries here at Revolution Finance Brokers has been about changes to mortgage payments and how the fifth rise in base rates by the Bank of England is impacting homeowners.
We've dived into the statistics to showcase some averages and demonstrate how the repayment values linked with a th..
The changes to Stamp Duty rates announced in the Chancellor's speech last Friday (23rd September) have significantly changed the cost of investing in a new property, moving home or purchasing as a first-time buyer.
Stamp Duty is a tax payable on most property purchases, calculated as a percentage of the value. There is a threshold belo..
How to Cope With Forecast Increases of £1,300 in Average Mortgage Repayments
15 Sep 2022
Our recent in-house market research indicates that average mortgage repayment costs will jump by £1,300 by the end of the current year, but there may be a silver lining at play.
Households with a mortgage are now paying 56% more than they did ten years ago, with another potential 8% uplift anticipated by December.
In this article, ..
Landlords have seen margins whittle away over the last few years due to changing tax allowances and increasing regulation - but they may be able to bump their income up by as much as 21%!
The holiday let market, offering short-term rentals, could significantly boost income, given the premium achievable over regular residential rental p..
Discover the Best UK Locations for Holiday Let Investments
27 Aug 2022
UK holiday rental properties have done incredibly well since the beginning of the pandemic, as people look for staycations without the cost, the hassle of testing requirements and the potential for lengthy delays we now associate with overseas trips.
Several popular holiday hotspots are dotted across the country, although some have hig..
Advice on Applying for a Mortgage With Bad Credit in an Inflationary Economy
21 Aug 2022
Over the last few months, we've seen base rates continue to rise, causing the interest charged on a mortgage to increase correspondingly.
Lenders are introducing new measures to ensure they lend responsibly, potentially making it more difficult for applicants with an adverse credit history to secure the borrowing they require.
You c..
Tips For Leveraging Home Equity Through a Remortgage
19 Aug 2022
Knowing that you have equity in your home and understanding how to make the most of it aren't mutually exclusive!
You can use equity to pay off debts, extend your borrowing, or access funding for renovation projects, or a big purchase, depending on the value of your property and your mortgage balance.
Revolution Brokers explains the..
How to Tackle an Unsuccessful Remortgage Application
20 Jun 2022
Applying for a remortgage can be stressful enough, but it can make it difficult to know how to move forward if your lender turns you down.
There are multiple reasons to review your mortgage regularly and remortgage onto a better deal or a lower interest rate, and several common reasons lenders reject applicants.
Today Revolution Fin..
Most homeowners will come to remortgage at some stage, usually to replace an existing mortgage with a better deal or borrow more against their equity.
Around 30% of all mortgage applications are remortgages, so they're an everyday product - but with lots of potential pitfalls to watch out for!
Today the Revolution Brokers team has c..
Guide to Remortgaging to Finance a Home Renovation
11 Mar 2022
Remortgaging your home is a great way to release equity and raise finance for those home improvement jobs you've always wanted to do.
Before applying, it's vital to work out how much equity you have in your property and ensure sufficient capacity to borrow the funds required for the renovation you have in mind.
In today's article, t..
Do I Qualify for First-Time Buyer Status?
Working out whether or not you are a first time buyer may seem obvious - but there are plenty of scenarios where your position isn't clear!
Examples might include:
New buyers who have inherited a property they rent out.
Buy-to-let investors that have never purchased a residential hom..
Most homeowners know that remortgaging means switching a mortgage from an existing lender over to a new deal.
However, the process isn't always obvious. If you're on a fixed-rate deal, you'll want to get ahead of the end of the term to avoid being shuffled onto a higher standard variable rate where your interest costs will undoubtedly ..
Understanding Lender Risk on First-Time Buyer Mortgages
17 Dec 2021
Finding a great mortgage as a first time buyer can feel like an uphill struggle, with a larger proportion of applicants being turned down than a year ago.
Around 20% of first-time mortgage applicants are rejected, usually because of the lender risk associated with their loan.
Today, Revolution Brokers explains the highest risk facto..
Pros and Cons of First Time Buyer Buy to Let Mortgages
28 Oct 2021
Investing in a rental property can be an excellent way to get onto the property ladder and earn an income.
However, if you haven't owned a residence before, you might find that a mainstream bank will automatically turn you down for a buy to let mortgage as a first-time buyer.
In today's guide, the Revolution Brokers team explains ho..
Mortgage Deposit Requirements for First-Time Buyers
12 Oct 2021
Buying a home for the first time is a massive step - but the deposit is often a stumbling block for first-time buyers.
It can take years to save a sufficient amount or be impossible, so there are several ways to approach the problem and get your foot onto the property ladder.
From April 2021, the UK government launched the new mortg..
There is little doubt that UK buyer confidence is at an all-time high.
We've recapped previously in our blogs how property market growth and prices have soared over the last few months!
As we head into summer, one key area of mortgage finance seems to be expanding rapidly: property auction finance.
In this article, the Revolution..
The Simple Guide to Development Finance Terminology
27 May 2021
As with all specialist types of mortgage lending, development finance has various terms and jargon that might not be familiar!
Here, the Revolution Finance team explains the most commonly used terminology to help you navigate the development finance marketplace.
For further assistance with your mortgage requirements, give us a call ..
Here at Revolution Finance Brokers, we work with thousands of property investors every year. That might be to:
Remortgage a portfolio of rental properties.
Secure development finance for a new project.
Finance a standalone property purchase or multiple acquisitions.
Streamline portfolio mortgages for multiple investments.
..
Hot on the heels of the 95% mortgage guarantee scheme for residential buyers, the government has launched a brand new initiative to provide similar support for self-build home projects!
This scheme is backed by £150 million of funding. It is called Help to Build, echoing the Help to Buy programme that has helped thousands of buyers ge..
While so much of the property news of late has been about the Stamp Duty holiday, it's always been crucial for buyers to complete their purchase reasonably quickly.
Before the rates relief begins to taper in July, undoubtedly, we're expecting to see continued record-high property investment volumes and homeowners rushing to complete a ..
After a year with so many challenges for UK businesses across the spectrum, the British Business Bank has now launched the new Recovery Loan Scheme.
This programme aims to help British businesses recover from the pandemic, with borrowing available up to £10 million per business or £30 million for groups.
Companies can apply for a ..
Development finance has multiple applications, and with the sector evolving quickly around changing appetites for new residential housing and commercial development projects, it's essential to stay ahead of the curve.
Over the last year, it's been tricky for many developers to secure the borrowing they need. This challenge is owing to ..
Over the last year, we've seen considerable variances in average property prices, as the market first stalled and then resumed with force.
The introduction of the stamp duty holiday has been an added incentive for home movers and investors to snap up bargains while the reduced tax liability exists - and this extraordinary level of dema..
Case Study: Buy To Let Remortgage for a Private Landlord with Adverse Credit History
07 Apr 2021
Client Background: Revolution Brokers was approached by a private landlord looking to remortgage a property to raise capital. The client had sufficient equity in the property to meet standard LTV rates but been rejected for lending due to adverse credit issues.
Property Information: The property was a standalone rental home in Middlese..
Case Study: Investment Property Remortgage for Joint Expat Applicants
07 Apr 2021
Client Background: This joint client was looking to raise capital through a buy to let remortgage but had found it extremely difficult to secure lending due to their residency status. The applicants were seeking a joint remortgage, both living as expats in the UAE.
While one client had a UK passport, the other was a Belgian national. T..
The Revolution Guide to Making Smart Property Decisions Post-Lockdown
31 Mar 2021
Following budget announcements and the beginning of lockdown restrictions lifting, the UK housing market remains strong, with continuing high activity levels.
We heard this month that the government had extended the Stamp Duty holiday, and while this has been a massive incentive for many investors, it's also seen a surge in demand for ..
Are Pet-Friendly Properties the Future of the Rental Sector?
16 Mar 2021
With the rental market as competitive as ever, the Revolution Brokers team often works with landlords and private investors who have grasped opportunities to expand their portfolios and provide attractive rental properties commanding high investment returns.
One of the increasingly in-demand factors is allowing pets. Following recent c..
How the 2021 Budget Will Impact Property Investors
09 Mar 2021
Last week we finally heard about the tax changes for 2021/22, following months of rumour about what the government might announce to help stimulate an economic recovery following the pandemic.
For the last few tax years, landlords and property investors have been relatively hard hit by the Budget, with changes to tax relief allowances ..
This week's Budget was hotly anticipated, with so much speculation about announcements around Stamp Duty.
There was also confirmation about a new government mortgage guarantee scheme, which will open up the market to thousands of existing homeowners and first-time buyers who have found themselves locked out of mortgage eligibility.
..
Case Study: Auction Finance during Lockdown for Multi-Unit Freehold Block without Planning
02 Mar 2021
Client Background: In this case, the Revolution team dealt with a professional property investor looking to finance a fast turnaround auction property purchase. The client had already successfully bid on the property at auction and had six weeks to complete the purchase.
Property Information: This property was based in East Sussex. It ..
Case Study: Private Mortgage with Adverse Credit Issues and Payday Loan History
02 Mar 2021
Client Background: We worked with a private residential buyer seeking a mortgage to purchase a residential property just outside of London. He had been rejected due to having a history of adverse credit issues.
Property Information: The home in question was a private property on London's outskirts, being purchased as a long-term privat..
Is Now a Great Time to Consider Product Transfers on a Buy to Let Mortgage?
02 Mar 2021
Product transfers are an alternative option if you're not satisfied with your existing buy to let mortgage rates or want to switch to a more competitive product.
Unfortunately, they seem to be something few landlords know about or consider as a viable option - and carry multiple benefits as a way to refinance your current deal and cut ..
Extensions to Eviction Bans and Stamp Duty Holidays!
16 Feb 2021
As the pandemic plays out, and lockdown restrictions remain in situ, we're facing a market that is continually hanging in the balance, waiting for updates and announcements.
For many people, the essential news will be about when schools are likely to reopen, or when they might be able to visit friends and family. In the property sector..
How To Avoid Quick Buy Property and Mortgage Scams
09 Feb 2021
The property market is under immense pressure, with Stamp Duty holiday deadlines under discussion, affordability rising and prices escalating.
Here at Revolution Brokers, we've seen an enormous level of demand across the board.
From first-time buyers completing Help to Buy purchases (the scheme closed for most new applicants in Dece..
The Bounce Back for the World of UK Property Development
02 Feb 2021
Like so many parts of the property lending sector, bridging finance has had a rocky ride over the last year or so. Primarily the foundation of auction finance and development investments, it has ground to a halt.
While buy to lets and residential sales meet record highs, the prospects of developing a new renovation project, or snagging..
How Do You Know if You are Paying Too Much for Your Mortgage?
26 Jan 2021
Our homes are nearly always one of the most significant investments we ever make. Much of our careers and income are decided around our lifestyle aspirations, where we want to live, and when we need to downsize or move into a larger property.
Monthly mortgage payments are also one of the highest costs we pay, and the standard 25-year t..
Latest Property Sector Updates - Repossession Bans, Stamp Duty Extensions & the Renter's Reform Bill
20 Jan 2021
This week, with so many significant announcements on the property market front, we'll recap the most important new rules, eviction regulations and notices that have landed on our desks!
With the seeming race to the finish at 31st March, and property transactions still piling up at record pace, there is every possibility that new change..
Buying a Property During Lockdown - The 2021 Guide
13 Jan 2021
We haven't started off January 2021 in quite the way we'd all have liked - but with March looming as the current end of the Stamp Duty holiday, it's all systems go at Revolution Brokers!
We're receiving a massive volume of enquiries about property sales, investments, and transactions during this newest lockdown period, so thought it wo..
While we're not yet 'post-pandemic', and the UK faces another series of tough lockdowns, it is fair to say that we've seen a tremendous performance from the housing market in what has been a chaotic few months.
The Revolution team reported back in November how the housing market had hit new records for mortgage approvals.
We had see..
Is Investing in Student Housing Still an Attractive Option in 2021?
30 Dec 2020
While 2020 has had a dramatic impact on the housing market, and indeed on the education system, universities continue to draw record numbers of applicants.
As the number of students accessing higher education across the UK grows, so too does the demand for good quality student accommodation.
Many investors are taking advantage of lu..
How Can Bridging Finance Help Investors Expand a Property Portfolio?
22 Dec 2020
While bridging finance is not a new product, it is often overlooked as a potential tool to help landlords purchase investment properties where a traditional buy to let mortgage doesn't fit the circumstances.
In this article, the Revolution Finance Brokers team explains what bridging finance is, how it works, and why it might be the sol..
Property Investment Advice - What to Do in a Down Valuation Scenario
16 Dec 2020
Most property developers, investors and landlords will have been there once or twice; you're looking at property development finance, a new BTL mortgage or investing in a new-build in a lucrative area - and your plans are hit with a valuation that is well below your expectations.
What can you do; and is the investment dead in the water..
How is the Green Homes Grant Extension Beneficial to UK Property Landlords?
08 Dec 2020
The Green Homes Grant was announced earlier this year, alongside a raft of changes to tax allowances, Stamp Duty rates, and electrical safety rules.
While it may be challenging to keep up to date with new regulations, there is a positive here, in that the grant may provide a significantly cheaper way to improve your property portfolio...
How to Buy Property Before the Stamp Duty Holiday Ends!
01 Dec 2020
As we've previously reported, following a housing market slump after the initial lockdown began in March, sale prices have soared, and completion volumes have seen a fast return to record-high levels.
One of the primary reasons for this is the Stamp Duty 'holiday' announced back in July.
In a nutshell, that holiday means you can buy..
In a year of turbulence and constant flux, selling, moving home, or finding a mortgage may feel like an impossible task.
However, the property market remains alive and well, with estate agents and lettings managers still operational throughout the current second UK lockdown.
Let's consider what has happened to rentals, investments a..
In a turbulent year that shows no sign of slowing down, housing prices in the UK property market have accelerated to record heights ahead of the March 2021 end to the increased stamp duty thresholds.
Nationwide reports that the average UK property now costs £227,826, reflecting a 5.8% increase.
Stamp Duty Relief in 2020
Until Ma..
Understanding CheckMyFile Credit Reporting Service
03 Oct 2020
CheckMyFile is a UK credit reporting service that collates information from the four most popular Credit Referencing Agencies (CRAs).
You may come across this service when applying for a commercial mortgage, asking for an indicative lending quote, or when looking into your credit score.
Revolution Finance Brokers have created this ..
As the Coronavirus pandemic progresses, many homeowners, investors, movers and first-time buyers have had to put their plans on hold.
While most estate agents are now open again, there remain significant changes to how UK residents can apply for mortgages, view properties, and indeed list their home for sale.
These changes include:
..
Remortgaging to purchase a buy to let property is a popular option with investment landlords.
In some scenarios, you can even remortgage a buy to let investment within just six months of the purchase.
Revolution Finance Brokers has created this guide to walk through how to get the best buy to let remortgage deals and to explore the..
Bridging Loan to Build a House: Calculating Self-Build Mortgages
13 Jul 2020
The purpose of self-build mortgages is to help individuals or developers to manage and develop their own property build. Let's take a look at how self-build mortgages work, and what sort of costs they entail.
Due to the bespoke nature of a self-build mortgage, and the uniqueness of every property, it can be tricky to indicate the preci..
This week the UK chancellor announced a stamp duty holiday, which will exempt all properties sold in England and Northern Ireland from stamp duty tax up to the value of £500,000.
From the current threshold of £125,000, this new tax limit is immediately available and will remain in place until March 2021 to help the property market bo..
Bridging finance can help in multiple scenarios and is a cashflow lifeline with fast funding releases to cover immediate requirements.
Choosing the most affordable lending means stepping away from the high street as they do not provide Bridging Finance, to take advantage of special rates and terms contact Revolution Finance Brokers!
..
When you are looking for a commercial mortgage, there are multiple lenders on the market to consider. It can be complex to compare different rates, terms, and fees.
Revolution Brokers are on hand to help you make sense of the market, and find you the best deals to match your requirements.
Choosing the right lender depends on your ci..
Revolution Finance Brokers have created this guide to help you make an informed decision when choosing the best bridging loan provider for you.
Bridging loans are usually required quickly, so if time is of the essence and you need fast, professional advice to get your funding in place, give Revolution Brokers a call on 0330 304 3040.
..
Alternative Guide to Bridging Loans with Barclays Bank
05 Jun 2020
Bridging finance can help in multiple scenarios and is a cashflow lifeline with fast funding releases to cover immediate requirements.
Choosing the most affordable lending means stepping away from the high street to take advantage of special rates and terms - that your broker can negotiate for you!
Revolution Brokers & Bridging Loa..
Shawbrook Bridging Loans vs Unconventional Bridging Lenders
04 Jun 2020
Revolution Brokers are not your average Commercial and Residential Finance Brokers; we are not confined to a restricted number of products and work on your behalf to achieve the best possible deals for your business.
Fast bridging finance from Revolution Brokers
Bridging loans need to be fast, simple and streamlined! We provi..
Dramatic House Price Drops - The Investors Market Continues
02 Jun 2020
Highest House Price Falls For 11 Years
Figures released by Nationwide show the highest drop in monthly house prices experienced in the UK for 11 years. This dip represents a 1.7% month on month drop.
Annual growth in market prices has fallen by 50% from 3.7% to 1.8%, owing to the impact of the Coronavirus lockdown.
HMRC has also ..
Revolution Brokers are not your average high street lender; we are not confined to a restricted number of products and work on your behalf to achieve the best possible deals for your business.
Low-Cost Bridging Loans
If you need a fast bridging loan, you need it to be low-interest, tailored to your needs, and sustainable. We provide..
Competitive Bridging Loans Vs Natwest Bridging loans
25 May 2020
Low-Interest Rate Bridge Loans from Natwest
Bridging loans are convenient lending options when you need short-term financing, to shore up a gap of your property purchase unfortunatley natwest does not offer Short term bridging loan but not to worry as we have hundreds of lenders that do.
Revolution Finance Brokers can offer:
..
Mythbusting With Revolution Finance Brokers
As mortgage finance specialists, we work with clients from every sector looking for the best deals on the market.
Here are some of the most frequently asked questions we hear, and why the myths about switching mortgages are not correct!
FAQ - Residential Mortgages
Isn't it ju..
UK Housing Market On The Rise With Higher LTV Lending
20 May 2020
Amidst national uncertainty, the Office for National Statistics (ONS) has released pricing data for March 2020. These figures show a steady increase in average property values of 2.1% per annum.
The ONS has confirmed that it will shortly release the housing prices for April 2020. After this, the index will close temporarily due to the ..
Property Investments - Is Now The Perfect Time To Buy?
17 May 2020
With dips in house prices following the Covid-19 pandemic, we are receiving lots of enquiries for advice about when to invest.
Let's take a look at how the outbreak has impacted the housing market, and what the future has in store!
Covid-19 And The UK Housing Market
Nationwide reported annual growth in housing prices of 3.7..
UK lockdown began in March, and although we hear a lot of uncertainty about how this will impact the buy-to-let housing market, the future is looking up!
Here is why, and how to strategise to take full advantage of the changes taking place.
Buy-To-Let Interest Rates
The Bank of England reduced the Base Rate (BBR) for the ..
Development Exit Finance - Solutions Without Selling
08 May 2020
The Covid-19 pandemic and resulting lockdown restrictions have left many developers unable to sell their properties. Being unable to sell means needing to continue to pay expensive development finance fees, without the ability to sell the property and pay off the lending.
Revolution Finance Brokers is receiving multiple enquiries about..
What Kind of Security Do Financial Providers Require When Lending to Limited Companies?
There are a lot of terms to get your head around when it comes to borrowing via a limited company. What’s the difference between a fixed charge and a floating one? Do you know your debentures from your personal guarantees? To keep things simple, w..
Comparing Cost and Time for Buy-to-Let Mortgages
If time wasn’t a pressing issue, every landlord in the country would always opt for the buy-to-let mortgage with the most affordable rate. However, there are certain situations in which a speedy deal is just as attractive as a cheap one, meaning cost isn’t always the bottom line.
..
Advice for Purchasing Investments at Property Auctions
30 Apr 2020
Property auctions can be stressful places. With a large amount of money changing hands in a short period of time, preparation is the key to a smooth and successful experience. Here are a handful of pointers on how you can ensure you enter the auction room equipped with the best chance of walking away with the deeds of the property that’..
10 Most Commonly Asked Questions about incorporating a Buy-to-Let Portfolio into a LTD company
28 Apr 2020
10 of the Most Commonly Asked Questions Regarding incorporating your Buy-to-Let Portfolio to an SPV
Recent changes to the income tax regulations, alongside more stringent lending criteria as defined by the Bank of England’s Prudential Regulation Authority (PRA), mean that many landlords are now reviewing their property portfolios. Wh..
Large Commercial Mortgages – the Best Options
With an ever-changing market, it is important to consult an expert broker to achieve the most favourable terms and interest rates available for larger mortgage requirements, whether for commercial premises or dual-use properties.
Mortgage lenders base their offers on a combination of a..
Commercial Mortgages - Specialist vs. High Street Lenders
20 Apr 2020
Commercial Mortgages: Specialist vs. Mainstream
Finding the best lender for your commercial mortgage, whether for an investment or as an owner-occupier, can be a minefield for businesses. Revolution Finance Brokers are on hand to help you make the best decisions, and provide access to the ideal mortgage solutions on the market.
To ..
Expanding Your Business Through Unsecured Lending
Here at Revolution Finance Brokers, we help business clients secure expansion lending of up to £10m, even when security is not available.
The Difference Between Secured & Unsecured
Secured Business Loans: Secured lending uses an existing asset as security, which can be called i..
Securing a Long-Term Commercial Mortgage
Generally, mortgage offers to purchase a residential property come with terms of 25-30 years, but commercial mortgage terms tend to be much shorter at only 5-10 years.
The mortgage products provided by commercial lenders are called committed facilities, which are calculated on a short-ter..
Wise Investments – Which Properties to Choose
Stamp duty is a major consideration when making investment decisions since different rates are applicable depending on whether your investment is a commercial, residential or dual-use property.
This payable duty is levied against purchases of property, whether land or buildings, throug..
Why the 18-year property cycle is so important? Part 3
16 Mar 2020
How to recognise, prepare for and profit from the property cycle
3. How to profit from the property cycle: dos and don'ts
So we've looked at why there is a property cycle, and we've explained each stage of it, so you probably have a good idea of how far along we are and you can make predictions on what will happen in the next few ye..
Why the 18-year property cycle is so important? Part 2
09 Mar 2020
How to recognise, prepare for and profit from the property cycle
2. The stages of the property cycle
In the second of three articles on the 18-year property cycle, we identify its key stages before leading into how investors can work with the cycle to make the most from their portfolio.
Crash
We may as well start at rock botto..
Why the 18-year property cycle is so important? Part 1
02 Mar 2020
How to recognise, prepare for and profit from the property cycle
1. Introduction to the property cycle That's all very well, but how can you use the property cycle to make money?
The 18-year property cycle is one of the most important things you should get to grips with as an investor. If you understand the cycle, you can avoid maki..
Finding your perfect investment property is one thing, but how are you going to fund it?
Whether you are purchasing a residential, commercial or semi-commercial property there are a variety of ways to get finance for it. There are long-term finance options for those with well-thought out business plans, and for those that need a quick ..
If you're one of the 4.8 million self-employed people in the UK, you might think that your options are more limited than someone who doesn't have to file their own tax returns. You might have even written off your chances of getting a mortgage because you don't have a regular income.
It's true, it can be tough. But it is achievable. Yo..
Do you want to increase the value of your property, without dipping into your savings?
In our great nation, we can take pride in the fact that we can own our own homes, there are multiple ways to get on the ladder, once on it though its natural instincts to improve our castles. Home is where the heart is, or so the saying goes. Here at..
If you are a home-owner, then it will be very likely that you also own the land your house is on. It’s hard to imagine that you wouldn’t own the property if you actually owned the house. However, when we look at multiple flats in a block, you can question who actually owns the land underneath, with many different people owning apartme..
When assessing if a mortgage is appropriate, the FCA has always been very clear with mortgage companies, that the mortgage must be affordable and thus in your’ means. The FCA has never given any sort of direction as to age constraints in regards' to lending. Mortgage seekers over the age of 60 faces more difficulties in securing lending..
Second charge mortgages:
are loans which are secured against your property, as the name suggests this loan is second to the first charge, which would be likely for a larger amount of borrowing, probably taken out when you purchased the property at the onset.
Historically, when borrowers where turned down for financial support they m..
Near enough everyone, at some point will realise the fact that buying a property is a road to venture down. Owning your own property has its advantages, historically we can see that properties only really seem to go up in value! An important old question seems to be; “if I rent, am I only paying off my landlord mortgage?” Answer in a ..
Buying a new home can be difficult, especially as lenders only prefer to lend a multiple of 4.5 times your income.
As the average price of a property in the UK is around the 220k and the average household income being around 26k, the maximum you could borrow would be around 117k. This means owning your own home is near high impossible...
Interest Rates- Are they likely to rise "Post Brexit"?
01 Jan 2020
Interest rates play a major role to those with mortgages. Is it, in fact, one of the most frequently asked questions about mortgages advisors are interest rates going up and is it a good time to buy? How will rising interest rates affect my repayment is also a question which is quite high on client’s minds.
The good news for UK buye..
Can’t pay your mortgage? What are the consequences you may face?
24 Dec 2019
If you are struggling to pay your mortgage, whether it be because of your income, the additional factors such as family or debt or the loss of your job, the consequences are still going to take its toll on you.
The Starting consequences:
Once you miss your mortgage payment, a fee may be passed to you, and it is usually an admin fe..
Getting a Mortgage with Bad Credit.
Here at Revolution Finance Brokers, we take pride in being able to find the best mortgage deals available to any of our clients who have bad credit. Our aim is to make it as easy as possible to get a mortgage. We make sure all recommendations made by our brokers is tailor suited to our applicant’s ..
You want to move out of your house, and you’re looking at one particular house, and you’re just about to get a mortgage. But have you considered it will be beneficial for yourself financially?
This is due to the fact that many aspiring homeowners, eager to move out of their parents’ house, do take mortgages, but they often find t..
Inevitably, there is a lot of uncertainty regarding interest rates in the UK and whether they will rise. A member of the Bank of England’s rate-setting committee has fuelled speculation that interest rates could rise as soon as November 2017 so the current record low rate of 0.25% could quickly increase according to recent macroeconomic..
A question a mortgage broker gets asked frequently is ‘how much stamp duty will be charged if I buy this property?’.
Stamp duty has become quite a big problem for the property buyer. With costs including solicitors, mortgage, broker and estate agent fees, the additional stamp duty charged can often be a cost that is forgotten. It..
There are many factors to take into consideration before you buy a property. At Revolution Finance Brokers, we have identified the key ‘things’ that you will need to know before you purchase your home.
Step 1: Do your research:
Before you buy a property make sure you have done all your research. This will enable you to buy the r..
What is a Mortgage Broker
A mortgage broker is someone who advises an applicant on as to what mortgage they should take. A broker will use their expert knowledge to get the best deal for the applicant. A mortgage broker is qualified and has been through rigorous regulation to have the right to advise you. Mortgage brokers are regulated..
Never get stuck on the lenders Standard Variable Rate
An applicant never wants to get stuck on the lenders standard variable rate especially now that rates are at an all-time low and lenders are providing cracking rates on their fixed products. Fixed rate products could save applicants hundreds of pounds per month but they only last fo..
Do you have no commercial experience but want a commercial mortgage?
24 Oct 2019
With a lower stamp duty payable and higher yields, it’s no secret that mixed-use / semi-commercial properties are all the rage with residential landlords.
When it comes to lending there are certain things to look out for when purchasing a commercial investment property, especially if it is your first one. We shall endeavour and try a..
Is commercial property the answer to residential landlords problems?
16 Oct 2019
Recent tax reforms and regulatory changes have hit buy-to-let landlords hard, and now there's another obstacle for investors - a potential rent freeze in London. It's a major worry for the capital's investors, who are set to lose anywhere up to around £20,000 a year if the freeze is implemented.
As London prepares to follow in the foo..
How the rules have changed for portfolio landlords and buy-to-let mortgages, and what landlords need to know
Three years ago, some major changes were implemented for buy-to-let landlords. Two stages were rolled out: New mortgages were subject to raised interest rates, and lenders were required to ask for much more information from port..
Why buying in London might be the best thing you can do right now?
02 Oct 2019
The mere thought of purchasing a buy-to-let in London has caused many investors to run for the hills, and we all know the reasons why. The combination of increased stamp duty, tax relief cuts, raised interest rates and potentially lower yields than in other parts of the UK is making a lot of landlords nervous.
Meanwhile, there's uncert..
How to borrow more from my buy to let property if I am a higher rate tax payer?
24 Sep 2019
Calling all landlords! If you own multiple buy to let properties Top Slicing may be for you.
The Bank of England’s Prudential Regulation Authority (PRA) initiated more stringent rules for landlords who owned four or more buy-to-let properties. Lenders have had to amend there ways or disregard the business completely. Top Slicing mort..
There are many expats from the UK, that still hold a passionate relationship with their home country, so there’s no wonder that expats buying property in the UK is on the rise. British passport holders who are living or working abroad are applicable to buy property, here we try explaining the process.
Firstly, we would strongly recom..
The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature.
We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.
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